Fraud squad to probe Tesco’s accounting hole

first_imgTHE SERIOUS Fraud Office (SFO) announced yesterday that it would take over from the Financial Conduct Authority in investigating a £263m hole in troubled Tesco’s accounts.The retail giant previously said the profits had been overstated due to erroneous timings in accounting for supplier rebates.It is the latest major case to land on the SFO’s plate, and comes just after the fraud squad asked the government for a £26.5m hike to its £35.2m budget to help it investigate.It is currently running a series of investigations into former bankers and brokers accused of trying to manipulate Libor, a probe into Barclays’ 2008 fundraising in Qatar, and allegations of bribery at Rolls Royce.The probe is also the latest in a long line of problems for Tesco. The supermarket has been losing market share over the past year, particularly to the hard discounters such as Aldi and Lidl.It reported a 92 per cent fall in profits last week, with new chief executive Dave Lewis cracking down on costs and considering chopping prices across the retail chain.At the same time its chairman, Sir Richard Broadbent, announced he would step down, to “carry the can” for the period of poor results.“Tesco has been cooperating fully with the SFO and will continue to do so,” the company said in a statement.Tesco’s shares rose 2.09 per cent on the day. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likezenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef PickUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoRefinance GoldGwen Stefani’s No Makeup Photo: Her Real Face Is Quite DifferentRefinance GoldUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsUndo Show Comments ▼ Wednesday 29 October 2014 8:46 pm Fraud squad to probe Tesco’s accounting hole whatsapp whatsappcenter_img Share Tim Wallace Read This NextTig Notaro Never Looks Right in ‘Army of the Dead’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe WrapRalph Macchio on the Secret to Making Badass ’80s Fight Scenes in 2021The Wrap’iCarly’: Nathan Kress on Preserving Integrity of Original Show, PromisesThe WrapHappy Juneteenth: 10 Movies to Stream That Celebrate Black JoyThe WrapHow Renee Elise Goldsberry Embraced Her Inner Diva for ‘Girls5Eva’The Wrap’The Hitman’s Bodyguard’s Wife’ Takes No. 1 at Box Office From ‘Quiet PlaceThe WrapBill Maher Pokes Fun at Joe Manchin: He’s a ‘Democrat Except on Matters ofThe Wrap Tags: NULLlast_img read more

UK factories see growth despite euro stagnation

first_imgThe UK economy showed continued signs of improvement in October, quelling fears that a lack of growth in the Eurozone would have a significant impact on the recovery.The UK manufacturing purchasing managers’ index – a survey of private sector companies – rose to 53.2 in October, up from 51.5 in September, according to figures released by Markit yesterday.A figure above 50 signifies growth. The September figure was a 17-month low and sparked fears that economic troubles elsewhere in Europe were impacting growth by reducing demand for exports.Despite export orders falling, the manufacturing sector was buoyed by robust domestic demand. Although the figure shows the impact from the Eurozone is limited, the manufacturing sector is not booming.The Eurozone PMI was also released yesterday and showed manufacturing in the currency union had stagnated with a score of 50.6.“Exports are important to the manufacturing sector, but the majority of output is produced for domestic consumption. In that respect, continued high levels of confidence among UK consumers and plenty of evidence that domestic demand is growing at a robust rate is good news,” said Martin Beck, senior economic advisor to the EY Item Club, a group of economists.The most worrying figure was that for France which fell to 48.5 in October, down from 48.8. Because the figure is below 50 it shows that French manufacturing is contracting. The survey also found that employment was falling at a quicker rate than in September. Manufacturing in Austria, Greece and Italy all showed signs of deterioration with scores under 50.In contrast, Ireland, the Netherlands and Spain all showed robust signs of manufacturing growth. Germany’s manufacturing PMI remains precariously at 51.4 – reflecting weak growth. whatsapp UK factories see growth despite euro stagnation More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Chris PapadopoullosChris Papadopoullos was City A.M.’s economics reporter until February 2016. He is an economist at OMFIF. Tags: NULLcenter_img Monday 3 November 2014 8:50 pm whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical MattersMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solution Show Comments ▼ Sharelast_img read more

Forex rigging scandal: RBS, UBS, HSBC, JP Morgan and Citi set for lawsuit storm after £2bn FCA fine

first_img Tim Wallace Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Crazy Rich Asians’ Director Wishes He Made South Asian Roles ‘More Human’The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap Funds, companies and other traders hurt by banks manipulating the foreign exchange markets could make claims totalling many billions of pounds, lawyers said yesterday.Five banks were fined a total of £2bn by the UK’s Financial Conduct Auth­ority and the US Commodity Futures Trading Commission authorities be­cause their traders fiddled key currency benchmarks.But the fines could be the tip of the iceberg, as other regulators from the US and elsewhere are still in talks with banks. Lawyers believe banks will face claims for damages amounting to sums many times higher.“They were fiddling forex rates for almost six years in a market this big, so just look at the numbers – the damage has got to be in the billions,” Hausfeld lawyer Anthony Maton told City A.M. The potential claims “dwarf the fines without a shadow of a doubt”, he added.The claims could extend far beyond the traders on the opposite end of the banks’ manipulation, as other firms and funds use benchmarks for their own trades and could have lost out.Any forex claims should be easier to prove than the Libor cases, according to lawyer Simon Hart from RPC. “Some of the contracts based on Libor went on for years, and could result in the participant being better or worse off at different times. With forex, market participants can go for the individual trades where they lost out.”RBS, UBS, HSBC, JP Morgan and Citi were all fined by the UK and US authorities. But Barclays has yet to agree a settlement and other regulators still have to make their decisions – again leaving the banks open to another round of heavy fines. whatsapp Share Tags: Company FCA Forex rate-rigging scandal JP Morgan Chase Royal Bank of Scotland Group Wednesday 12 November 2014 9:51 pm Forex rigging scandal: RBS, UBS, HSBC, JP Morgan and Citi set for lawsuit storm after £2bn FCA fine whatsapp Show Comments ▼last_img read more

Fifa: Qatar and Russia bids given thumbs up – but English FA could face further action

first_img Fifa: Qatar and Russia bids given thumbs up – but English FA could face further action Catherine Neilan Thursday 13 November 2014 5:34 am Show Comments ▼ Tags: Fifa crisis whatsapp Share whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Fifa’s investigation into Fifa’s handling of Qatar’s successful bid to host the World Cup 2022 has been cleared by..er… Fifa. Fifa’s ethics committee, headed by Joachim Eckert, acknowledged there had been a “significant lack of transparency” in Qatar’s bid. Computers used for Russia’s 2018 bid were destroyed. But while there was evidence of some wrongdoing within the 11 nations bidding to host the two tournaments, Eckhert said they were “far from reaching any threshold that would require returning to the bidding process, let alone reopening it”.  Whistleblower evidence claiming illicit payments were made to African voters was dismissed. Payments by Mohamed bin Hammam to other African officials and Fifa vice president Jack Warner were judged to be for the disgraced Qatari’s personal political interests, not the 2022 bid.  The English FA, meanwhile, has been accused of behaving improperly by trying to “curry favour” with Warner.  A 42-page summary of the report claims that England’s bid team tried to help “a person of interest to him” find a part-time job in the UK; let the under-20s squad from Warner’s home team Trinidad and Tobago train in the UK; and sponsored a gala dinner for the Caribbean Football Union at a cost of $55,000.  Individuals within the England bid team could now face action.  Twitter has been unsurprisingly vocal on the matter. Responses range from the funny to the more serious. Here are some of the highlights:  The Gentleman footballers of FIFA do declare all matters of Corruption CLOSED, & anyone mentioning them again shall have their Legs BROKEN.— Sir Joshua Reynolds (@SIRJoshuaToThee) November 13, 2014 last_img read more

Tesco, Morrisons, Asda, and Sainsbury’s cut petrol prices as Brent crude falls again

first_imgWednesday 7 January 2015 5:23 am Show Comments ▼ whatsapp Share The UK’s supermarkets are cutting petrol prices as the falling price of oil fuels a pump war. Brent Crude dropped below a symbolic threshold this morning, sliding below $50 a barrel to $49.99.The supermarkets had already blinked, however. Asda capped its petrol prices at 107.7p per litre and diesel at 114.7p from 1 January, meaning customers won’t pay any more than that at any of the supermarket’s 500 filling stations. Tesco. Morrisons, and Sainsbury’s have all cut prices of both by 2p per litre this week. According to Asda, this is the lowest it has sold petrol at since the summer of 2010, and it has cut its prices 13 time since September.  As well as the tanking price of Brent Crude, the global benchmark for oil prices, George Osborne’s freezing of fuel duty has prevented prices from rising faster during the financial crisis. Fuel duty is currently 57.95p a litre.There are whispers that if Brent continues its downward slide, the forecourt price could head south of £1 a litre. The RAC believes this is a real possibility, while the AA is less convinced.RAC fuel spokesman Simon Williams said the average price of petrol is the cheapest it has been for around five years. The cuts are bringing us ever closer to the £1-per-litre average for petrol. Of course it would also be an extremely welcome move for motorists and businesses alike. Oil prices having been dropping since a worldwide supply boom, with Brent crude losing almost 50 per cent of its value since June. OPEC, the cartel of oil-producing nations, has insisted it won’t lower its prices as it attempts to counter the rise of the US shale industry.The cartel seems set on maintaining its market share, rather than chasing short-term profits. Saudi Arabia wooed European clients on Monday by lowering its prices. Billy Ehrenberg center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramHero WarsThis game will keep you up all night!Hero WarsUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive Supplementzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirror Tags: Company Morrison (Wm) Supermarkets Oil prices Sainsbury (J) Tesco Tesco, Morrisons, Asda, and Sainsbury’s cut petrol prices as Brent crude falls again More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comlast_img read more

Best of the Brokers for 22 January 2015

first_imgTo appear in Best of the Brokers, email your research to [email protected] BILLITONS&P Capital has downgraded Anglo-Australian mining and commodities giant BHP Billiton to “sell” from “hold”. “We view the increase in production volumes and planned operational cost reductions as positive news, but expect lower commodity prices to weigh significantly on group sales,” said IQ equity research analyst Clive Roberts.DOMINO’S PIZZA Following the departure of chief financial officer Sean Wilkins, Numis has downgraded Domino’s Pizza Group from a “buy” to an “add”. Analyst Douglas Jack said: “We believe the resignation is not connected to trading… We are upgrading our forecast by three per cent, but are moving our recommendation to ‘add’ from ‘buy’ following recent strength.”ABCAMCanaccord Genuity has lowered biotech firm Abcam from “hold” to “sell”. “The company has outperformed both the UK sector and its laboratory services peers over the last three months, and we believe the premium is unjustified given we do not expect a re-rating,” said analyst Julie Simmonds. Best of the Brokers for 22 January 2015 whatsapp whatsapp Show Comments ▼ Share More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKansas coach fired for using N-word toward Black playerthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Tags: NULL Wednesday 21 January 2015 8:02 pm Express KCS last_img read more

Nigel Farage: Those who can afford it should opt for private healthcare to relieve burden on the NHS

first_imgTuesday 17 March 2015 9:33 am whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyGameday NewsNASCAR Drivers Salaries Finally ReleasedGameday NewsMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesComedyAbandoned Submarines Floating Around the WorldComedyMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.comTheFashionBallPrince Harry Admits Meghan Markle May Not Be The OneTheFashionBall Jeff Misenti Tags: NHS Nigel Farage People Those who can afford to buy private healthcare should do so because they would help to relieve the burden on the NHS, according to Ukip leader Nigel Farage.Appearing on Tuesday’s edition of the Daily Politics, Farage answered a host of questions on Ukip’s policy platform, including healthcare. Farage emphasised that Ukip supported a National Health Service free at the point of use. When asked by Jo Coburn if everyone who can afford it should go use private healthcare, Farage replied, “Yes, and do you know why? Because that would actually relieve some of the burden on the NHS”.On BBC Radio 5 Live, Farage clarified that going private wasn’t something wealthy people “should” do and said it would mean them paying for their healthcare twice. “They’ll be paying once through general taxation into the NHS and secondly for their own private cover”, Farage said.He went onto to criticise what he said amounted to Labour’s privatisation of the NHS through private finance initiative (PFI) contracts. Farage said his personal view on whether the NHS should move towards a more insurance-based system had changed because of the experience of private provision during the New Labour years.Responding to passages in his latest book that both praise and criticise the NHS, Farage said:I have to say, of all the topics that we discuss in this country, when the NHS gets discussed all it needs is someone to say ‘aren’t the doctors and nurses wonderful’ everybody claps and its the end of the debate.He added:Just because you criticise something, doesn’t mean you don’t love it and value it.Farage contracted testicular cancer when he was 21,  which was missed by NHS diagnostics.  Show Comments ▼ Nigel Farage: Those who can afford it should opt for private healthcare to relieve burden on the NHS Share whatsapplast_img read more

Most consumers aren’t feeling the benefits of Osborne’s recovery

first_img whatsapp Thursday 19 March 2015 9:27 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbeszenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesHistory 10[Gallery] The 25 Worst Casting Choices of All-TimeHistory 10ComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday News Most consumers aren’t feeling the benefits of Osborne’s recovery Jeff Misenti whatsappcenter_img Share More From Our Partners ‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Show Comments ▼ George Osborne used yesterday’s Budget to trumpet the government’s economic record. With a dramatic fall in unemployment, respectable economic growth and low inflation, the Conservatives believe they have strong record to run on.Osborne labelled Britain the “comeback country” and said the government had brought the UK back from the brink. But how many consumers are actually feeling the benefits of the recovery? According to a survey of 5000 consumers’ reactions by uSwitch.com, 62 per cent of people feel no better off than they did last year. Worryingly for the Tories, 65 per cent of respondents don’t think the chancellor understands the financial fears of ordinary people.Over three-quarters of people say they’ve seen no improvement in their  living standards while more than a third say they have deteriorated. Falling petrol prices and rising wages may have eased the worst pressures on the cost of living, but half of those surveyed said they had experienced a rise in essential household bills in the last year.However, the poll wasn’t all bad news for the chancellor. The Help to Buy Isa, one of the few announcements that wasn’t leaked before the Budget, was supported by 48 per cent of consumers. The increase in the personal allowance and the tax-free savings allowance also satisfied consumers 31 per cent and 42 per cent respectively.  Tags: Budget 2016 George Osborne Peoplelast_img read more

General Election 2015: At least six of the small business owners who signed the Conservative letter of support are also Tory candidates

first_img Share Show Comments ▼ Catherine Neilan whatsapp At least six of the names that appeared on the open letter purporting to be small businesses backing the Conservatives are in fact Tory candidates.  For most of the day, critics have been poring over the list of names to establish whether they are in fact genuine small business owners. Pretty early on, it emerged that the letter was sent from CCHQ, undermining its independence, and then it transpired that some of the names were duplicates and some of the businesses didn’t exist. Now it transpires that several people have a vested interest in the Tories winning the General Election.  Ben Manton was named on the list. He is a waiter, rather than the owner, of a chain of called Deanes Restaurant Group … and Conservative candidate for South Belfast.   https://twitter.com/sturdyAlex/status/592698745600487424 https://twitter.com/Ben4SBelfast/status/592700345261957120 Five others have been identified by others on social media.  https://twitter.com/SussexOwl1/status/592695474135629825 Selaine Saxby, owner of LessBounce.com, is also Conservative candidate for Llanelli. Rebecca Pow, who runs Pow Productions, is also running for the Tories in Taunton. Meanwhile Chris Pearson, who was on the list as owner of CIP Outreach Services, is hoping to become the MP for Hemsworth.  Harmony Employment Agency’s boss Iain McGill is running as a Scottish Conservative in Edinburgh North and Leith.   And in Cynon Valley, Keith Dewhurst is both running a company called Diverse and standing as a Tory candidate.  Another signatory includes the Stanley Ward Conservative Club.  These are not the only problems with the list. This morning the boss of small business Aurum insisted her company be removed from the list – although it looks as though it has been slow going. https://twitter.com/AurumSolutions/status/592631496193740800 https://twitter.com/Aurum_Boss/status/592674326178078720 According to Political Scrapbook, one of the signatories – Tina Powell of Everest School of Transformational Leadership Ltd – is on trial for fraud after offering “Harvard University” degrees from her flat. http://politicalscrapbook.net/2015/04/tory-letter-signatory-on-trial-for-fraud-after-offering-harvard-university-degrees-from-her-flat/  At least a couple of the businesses appear to have been dissolved. And Manton is not the only non-business owner to make it on the list – there are many others ranging from office manager to “chief artist” and even a sub-postmaster. Tags: General Election 2015 Small business More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comcenter_img whatsapp General Election 2015: At least six of the small business owners who signed the Conservative letter of support are also Tory candidates Monday 27 April 2015 11:35 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunGadgetheoryAirport Security Couldn’t Believe These Jaw-Dropping MomentsGadgetheoryWanderoamAfter Rescuing Them, Firemen Realized They Weren’t PuppiesWanderoamMyBrightSideLittle Family Stars Confirm Very Sad NewsMyBrightSideLearn It WiseMamãe elefante faz isso depois que o homem salva seu bebê que está se afogandoLearn It WiseHealth.recetasget5 Common Cancer Signs to Pay Attention ToHealth.recetasgetlast_img read more

Strengthening demand for workers is fuelling sharp salary increases

first_img Share Tags: NULL Show Comments ▼ Strengthening demand for workers is fuelling sharp salary increases Thursday 7 May 2015 9:16 pm whatsapp Express KCS RAPIDLY rising demand for workers and reduced jobseeker availability is causing pay to climb, according to survey figures released today by consultants KPMG and the Recruitment and Employment Confederation. An index representing the growth of permanent hiring rose to a score of 60.6 in April from March’s 59.5. An index score above 50 signifies growth, with higher numbers pointing to faster growth.It puts the rate of permanent hiring at an eight-month high and marks a 31st consecutive month of hiring growth.Climbing demand for workers is pushing up pay, with pay growth accelerating to a nine-month high in April. An index representing pay growth increased to 65.8 in April. It is the fastest growth in salaries for newly placed workers since July 2014. A shorter supply of workers is also helping to lift pay. An index for growth in permanent candidate supply posted a score of 34.3. Because it is below 50, it implies the pool of available workers is shrinking. “The declining pool of available labour continues to force pay up. With two in five recruiters in the UK reporting falling candidate availability, spiralling salary growth remains a concern as businesses bid against each other to secure skilled staff,” said Bernard Brown, partner and head of business services at KPMG. Brown added: “There has been a resurgence of recruitment into Britain’s boardrooms, with businesses poaching top talent to drive their companies forward. This surge of executive hires is a strong indication of underlying business sentiment and their ambitions for the future.” Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Kevin Can F**k Himself’ TV Review: Annie Murphy Blows Up the Idea of aThe WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap whatsapplast_img read more